Graphite India Ltd, the largest manufacturer of electrodes in the country, is planning to augment graphite electrode capacity by 10,500 tonnes at a cost of Rs 187.50 crore at its Durgapur plant.
At present, the company has a total electrode capacity of 78,000 tonnes - 60,000 tonnes in the country and 18,000 tonnes in Germany.The company, with a decent cash flow, had sold some surplus property in Bangalore in 2006 for about Rs 100 crore and invested the money in 3-year bonds, which would mature next year.
At present, the company has a total electrode capacity of 78,000 tonnes - 60,000 tonnes in the country and 18,000 tonnes in Germany.The company, with a decent cash flow, had sold some surplus property in Bangalore in 2006 for about Rs 100 crore and invested the money in 3-year bonds, which would mature next year.
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